Federal Bank has secured a Rs 6,196.5 crore capital infusion from Blackstone through a preferential issue of warrants. This strategic move aims to...
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 Maroc -  Times of India - Business - 25/Oct 23:22
 Maroc -  Times of India - Business - 25/Oct 23:22
								Federal Bank has secured a Rs 6,196.5 crore capital infusion from Blackstone through a preferential issue of warrants. This strategic move aims to bolster capital adequacy, support organic and inorganic expansion, and position the bank among India's top five private sector lenders. The investment provides flexibility for potential acquisitions and strengthens the bank's digital and national presence.
Federal Bank has secured a Rs 6,196.5 crore capital infusion from Blackstone through a preferential issue of warrants. This strategic move aims to...
Blackstone is investing Rs 6,196.51 crore for a 9.99% stake in Federal Bank via warrants. This strategic move, approved by the bank's board, aims to...
MUMBAI: The US-based private equity firm Blackstone is set to acquire nearly 10% stake in Federal Bank for Rs 6,196.5 crore. The Kerala-based bank's...
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Earlier, media reports claimed that the Economic Offences Wing (EOW) of the Mumbai Police was examining alleged unsubstantiated entries worth Rs 255...
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The fraud happened between Januray 1998 and February 1999, and came to light in February 2000, after the bank’s chief vigilance officer flagged...
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